Real Estate Market Update January 2025

Image from utahrealestate.com

The most recent numbers on the Utah real estate market are from December. In that month prices were up nearly 5% over last year and about 16% more homes sold. That’s pretty good for the last month of the year.

The complete, aggregated numbers for 2024 will be released in February. I’ll have them for you here.

Working in the trenches, the market feels pretty good. Homes are selling. I just sold one with multiple offers even. I am seeing buyers more able to negotiate with sellers too. That’s a good thing.

If you’re in the market to move, reach out below and we’ll get started.